APEC 2017: APEC Business Advisory Council convenes fourth meeting

Poster of the APEC Economic Leaders' Week installed at a public area - Illustrative image (Source: VNA)

Da Nang (VNA) – The fourth meeting of the APEC Business Advisory
Council (ABAC) is taking place in the central city of
Da Nang on November 4-6 with the participation of its members from 21 APEC member economies.

On the day, delegates are gathering for meetings of the Asia-Pacific
Financial Forum (APFF) and the Advisory Group on APEC Financial System Capacity
Building.

The ABAC is the private sector arm of the Asia-Pacific
Economic Cooperation. APEC economic leaders established ABAC in November
1995 to advise them and other APEC officials on issues relating to business activities in the region.

ABAC also responds to requests from various APEC sub-groups
for information about the business perspective of specific areas of
cooperation.

ABAC meets four times per year to make proposals to be
submitted to APEC Economic Leaders’ Week.

The three previous meetings took place in Bangkok, Thailand on February 19-23, Seoul, the Republic of Korea on April 26-29, and
Toronto, Canada on July 24-28.

The fourth meeting, scheduled to last until November 6, is
one of the main activities of the APEC Economic Leaders’ Week, which will take
place in Da Nang city from November 6-11.